M&S to close sites amid £201m loss

The department store chain is set to reduce the number of its ‘full line’ sites from around 250 to 180 in response

Marks and Spencer has swung to a statutory £201m loss in its financial results for the year ended 3 April 2021, down from a profit of £67m a year before, which it primarily attributed to lockdowns and tiered pandemic restrictions over the period.

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